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Zynex (ZYXI) Competitors

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$0.12 0.00 (0.00%)
As of 09/11/2026

ZYXI vs. TMDIF, ADGM, ICU, IRIX, and MBAI

Should you buy Zynex stock or one of its competitors? Zynex's main competitors and comparable companies include Titan Medical (TMDIF), Adagio Medical (ADGM), SeaStar Medical (ICU), IRIDEX (IRIX), and Check-Cap (MBAI). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "healthcare equipment" industry.

How does Zynex compare to Titan Medical?

Zynex (NASDAQ:ZYXI) and Titan Medical (NASDAQ:TMDIF) are both small-cap healthcare companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, valuation, profitability, risk, institutional ownership, analyst recommendations, earnings and dividends.

Titan Medical has a net margin of 0.00% compared to Zynex's net margin of -68.35%. Titan Medical's return on equity of -82.31% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
Titan Medical N/A -82.31%-51.47%

In the previous week, Zynex's average media sentiment score of 0.00 equaled Titan Medical'saverage media sentiment score.

Company Overall Sentiment
Zynex Neutral
Titan Medical Neutral

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Titan Medical
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

29.7% of Zynex shares are owned by institutional investors. Comparatively, 0.0% of Titan Medical shares are owned by institutional investors. 49.3% of Zynex shares are owned by insiders. Comparatively, 0.0% of Titan Medical shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Titan Medical has lower revenue, but higher earnings than Zynex. Zynex is trading at a lower price-to-earnings ratio than Titan Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
Titan Medical$17.63M0.78$6.95M$0.052.41

Zynex has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market. Comparatively, Titan Medical has a beta of 1.26, indicating that its stock price is 26% more volatile than the broader market.

Summary

Zynex and Titan Medical tied by winning 6 of the 12 factors compared between the two stocks.

How does Zynex compare to Adagio Medical?

Adagio Medical (NASDAQ:ADGM) and Zynex (NASDAQ:ZYXI) are both small-cap healthcare companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, profitability, earnings, risk, analyst recommendations and media sentiment.

Adagio Medical currently has a consensus price target of $3.50, indicating a potential upside of 676.91%. Given Adagio Medical's stronger consensus rating and higher probable upside, analysts plainly believe Adagio Medical is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Adagio Medical
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Adagio Medical has a beta of -0.09, suggesting that its stock price is 109% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, suggesting that its stock price is 1% less volatile than the broader market.

Zynex has higher revenue and earnings than Adagio Medical. Adagio Medical is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Adagio MedicalN/AN/A-$25.08M-$1.48N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

Adagio Medical has a net margin of 0.00% compared to Zynex's net margin of -68.35%. Adagio Medical's return on equity of -661.85% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Adagio MedicalN/A -661.85% -73.35%
Zynex -68.35%-804.30%-36.67%

In the previous week, Adagio Medical had 1 more articles in the media than Zynex. MarketBeat recorded 1 mentions for Adagio Medical and 0 mentions for Zynex. Adagio Medical's average media sentiment score of 1.87 beat Zynex's score of 0.00 indicating that Adagio Medical is being referred to more favorably in the media.

Company Overall Sentiment
Adagio Medical Very Positive
Zynex Neutral

48.1% of Adagio Medical shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 7.8% of Adagio Medical shares are held by company insiders. Comparatively, 49.3% of Zynex shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Adagio Medical beats Zynex on 9 of the 15 factors compared between the two stocks.

How does Zynex compare to SeaStar Medical?

Zynex (NASDAQ:ZYXI) and SeaStar Medical (NASDAQ:ICU) are both small-cap healthcare companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, media sentiment, analyst recommendations, dividends, valuation, risk, institutional ownership and earnings.

In the previous week, SeaStar Medical had 2 more articles in the media than Zynex. MarketBeat recorded 2 mentions for SeaStar Medical and 0 mentions for Zynex. SeaStar Medical's average media sentiment score of 0.93 beat Zynex's score of 0.00 indicating that SeaStar Medical is being referred to more favorably in the news media.

Company Overall Sentiment
Zynex Neutral
SeaStar Medical Positive

Zynex has a net margin of -68.35% compared to SeaStar Medical's net margin of -795.51%. SeaStar Medical's return on equity of -162.75% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
SeaStar Medical -795.51%-162.75%-109.89%

SeaStar Medical has a consensus price target of $8.00, suggesting a potential upside of 160.59%. Given SeaStar Medical's stronger consensus rating and higher probable upside, analysts plainly believe SeaStar Medical is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
SeaStar Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

29.7% of Zynex shares are held by institutional investors. Comparatively, 1.7% of SeaStar Medical shares are held by institutional investors. 49.3% of Zynex shares are held by company insiders. Comparatively, 0.7% of SeaStar Medical shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Zynex has a beta of 0.99, meaning that its share price is 1% less volatile than the broader market. Comparatively, SeaStar Medical has a beta of -1.05, meaning that its share price is 205% less volatile than the broader market.

Zynex has higher revenue and earnings than SeaStar Medical. SeaStar Medical is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
SeaStar Medical$1.23M11.01-$12.15M-$3.91N/A

Summary

Zynex beats SeaStar Medical on 9 of the 16 factors compared between the two stocks.

How does Zynex compare to IRIDEX?

Zynex (NASDAQ:ZYXI) and IRIDEX (NASDAQ:IRIX) are both small-cap healthcare companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation and risk.

29.7% of Zynex shares are held by institutional investors. Comparatively, 20.1% of IRIDEX shares are held by institutional investors. 49.3% of Zynex shares are held by company insiders. Comparatively, 8.6% of IRIDEX shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Zynex has higher revenue and earnings than IRIDEX. IRIDEX is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
IRIDEX$52.67M0.21-$4.44M-$0.20N/A

In the previous week, IRIDEX had 2 more articles in the media than Zynex. MarketBeat recorded 2 mentions for IRIDEX and 0 mentions for Zynex. IRIDEX's average media sentiment score of 0.43 beat Zynex's score of 0.00 indicating that IRIDEX is being referred to more favorably in the news media.

Company Overall Sentiment
Zynex Neutral
IRIDEX Neutral

IRIDEX has a net margin of -6.88% compared to Zynex's net margin of -68.35%. IRIDEX's return on equity of 0.00% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
IRIDEX -6.88%N/A -12.55%

IRIDEX has a consensus price target of $3.00, indicating a potential upside of 368.75%. Given IRIDEX's stronger consensus rating and higher probable upside, analysts clearly believe IRIDEX is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
IRIDEX
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Zynex has a beta of 0.99, indicating that its share price is 1% less volatile than the broader market. Comparatively, IRIDEX has a beta of 0.62, indicating that its share price is 38% less volatile than the broader market.

Summary

IRIDEX beats Zynex on 10 of the 16 factors compared between the two stocks.

How does Zynex compare to Check-Cap?

Zynex (NASDAQ:ZYXI) and Check-Cap (NASDAQ:MBAI) are both small-cap healthcare companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, earnings, valuation, media sentiment, profitability, analyst recommendations and dividends.

29.7% of Zynex shares are held by institutional investors. Comparatively, 1.1% of Check-Cap shares are held by institutional investors. 49.3% of Zynex shares are held by insiders. Comparatively, 0.5% of Check-Cap shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Zynex has a beta of 0.99, meaning that its share price is 1% less volatile than the broader market. Comparatively, Check-Cap has a beta of 0.67, meaning that its share price is 33% less volatile than the broader market.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Check-Cap
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, Check-Cap had 3 more articles in the media than Zynex. MarketBeat recorded 3 mentions for Check-Cap and 0 mentions for Zynex. Check-Cap's average media sentiment score of 0.62 beat Zynex's score of 0.00 indicating that Check-Cap is being referred to more favorably in the news media.

Company Overall Sentiment
Zynex Neutral
Check-Cap Positive

Check-Cap has a net margin of 0.00% compared to Zynex's net margin of -68.35%. Check-Cap's return on equity of 0.00% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
Check-Cap N/A N/A N/A

Check-Cap has lower revenue, but higher earnings than Zynex. Check-Cap is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
Check-CapN/AN/A$4.14M-$14.07N/A

Summary

Zynex and Check-Cap tied by winning 6 of the 12 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ZYXI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ZYXI vs. The Competition

MetricZynexHealthcare Equipment & Supplies IndustryHealthcare SectorNASDAQ Exchange
Market Cap$3.80M$5.42B$7.16B$14.29B
Dividend YieldN/A1.80%2.57%11.70%
P/E Ratio-0.0525.11273.3025.37
Price / Sales0.0472.41666.6188.28
Price / Cash0.5133.0328.4234.96
Price / Book0.116.0310.396.24
Net Income$2.99M$150.14M$3.49B$358.08M
7 Day PerformanceN/A-1.37%-1.12%-0.70%
1 Month PerformanceN/A-3.26%0.59%-2.76%
1 Year Performance-91.55%9.56%20.20%6.72%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
N/A$0.13
flat
N/AN/A$3.80M$108.20MN/A770
TMDIF
Titan Medical
N/A$0.13
+10.9%
N/A-66.8%$14.68M$17.63MN/A50
ADGM
Adagio Medical
3.1893 of 5 stars
$0.61
+7.7%
$3.50
+476.1%
-73.8%$13.49M$600KN/A87
ICU
SeaStar Medical
3.3212 of 5 stars
$2.95
-1.0%
$8.00
+171.2%
-64.7%$13.01M$1.23MN/A2
IRIX
IRIDEX
1.7929 of 5 stars
$0.68
-2.5%
$3.00
+339.6%
-51.5%$11.99M$52.67MN/A120

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This page (NASDAQ:ZYXI) was last updated on 9/15/2026 by MarketBeat.com Staff.
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